# S20 Fund: portfolio, investments and team

> S20 Fund is a vc firm based in Poland. 2 investments on record, 2 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/s20 (Millionrounds; every figure on the page links to its filing or article)

Poland · [Investor](https://millionrounds.com/investors)

# S20 Fund

Last cheque observed Sep 2026; 2 cheques on record.

Email

VC firm Deploying now

Pre-seed Seed Series A Finance Cleantech Edtech

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Deploying now

**100%** of best year **2** **cheques in 12 months**, 2 on record

Since the last cheque **50** days **00** hrs **00** min **00** sec

Median round **$12M** Cheque size, as they say **$50K – $300K** Rounds led **0 of 2**

Pitch S20 Fund

## S20 Fund highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Pre-seed and Series A: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $50K – $300K as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Finance Cleantech Edtech
- **Based in:** Poznan, Poland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2026** 1 round
- **Sept** **[Boxd](https://millionrounds.com/company/boxd)** Pre-seed · NL · Tech.eu **$2.0M** With 5 others
- **2025** 1 round
- **Nov** **[Peec AI](https://millionrounds.com/company/peec-ai)** Series A · DE · TechCrunch **$21M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Pre-seed Seed Series A

Median round joined **$12M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Said size:** $50K – $300K
- **Sole investor:** Never alone
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Pre-seed said *1*
- Series A said *1*
- Seed said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Antler](https://millionrounds.com/fund/antler) 2

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## Who they invest alongside

The investors most often in the same rounds as S20 Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Antler** VC firm **2** rounds together](https://millionrounds.com/fund/antler)

## Recently backed

The latest companies S20 Fund put money into.

[**Boxd** $2.0M · Sept 2026](https://millionrounds.com/company/boxd)[**Peec AI** $21M · Nov 2025](https://millionrounds.com/company/peec-ai)

## Quick answers about S20 Fund

### What does S20 Fund invest in?

S20 Fund invests most often at Pre-seed and Series A (100% of the rounds on record), in sectors such as Finance, Cleantech and Edtech.

### How active is S20 Fund?

2 investments on record, 2 of them in the last 12 months. The most recent was in Sept 2026.

### What has S20 Fund invested in recently?

Its most recent investments on record: Boxd (Pre-seed, Sept 2026) and Peec AI (Series A, Nov 2025).

### How big are S20 Fund's cheques?

The median round it joins is $12M. It says it writes cheques of $50K to $300K.

### Is S20 Fund investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does S20 Fund invest alongside?

Most often Antler (2 rounds together).

### What kind of investor is S20 Fund?

S20 Fund is a VC firm based in Poznan, Poland.

### Where does this information on S20 Fund come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=s20) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=s20)